VIDEOS:
Dr. Doom: Governments Will Fail, Inflation Will Soar, Housing Will Crash, and Central Banks Blink
https://www.youtube.com/watch?v=GqriyhJ8hfs
The Countdown For An Imminent 80 Percent Stock Market Crash Has Begun
https://www.youtube.com/watch?v=KGyv8MCyZgc
I HAVE A BAD FEELING ABOUT THIS, STOCKS, HOUSING, DIESEL PRICES, SUPPLY CHAIN RISK, CHAOS, CRISIS
Boots on the Ground...Oct. 21st...Worse everyday...Economically, politically and spiritually
Time to Panic. Wall Street CEOs Planning MASS LAYOFFS.
Despite his Wall Street, big business, Big Tech, and billionaire donations, Biden has attempted to portray himself as a small-town fighter from Scranton, Pennsylvania.
By failures of border security, a lack of the enforcement of our immigration laws from within the interior of the United States and huge numbers of visas for high tech workers, the lives and livelihoods of Americans and their children, are being stolen by America’s corrupt political elite who are doing the bidding of those who provide them with huge “Campaign Contributions” (Orwellian euphemism for bribes) pursue legislation that is diametrically opposed to the best interests of America and Americans.
MICHAEL CUTLER
WaPo’s Marcus: ‘Very Hard’ for Dems to Have ‘Coherent’ Message on Economy, No One Buys Dems Bragging about Jobs or Wages
On Friday’s “PBS NewsHour,” Washington Post Associate Editor and columnist Ruth Marcus stated that the high level of inflation makes it “very hard for Democrats to have a coherent narrative” and no one buys Democrats saying they acknowledge inflation is a problem while also bragging about job creation and saying that “your wages are close to keeping pace with inflation.”
Marcus stated, “Well, on the economic point, which is really important, it’s very hard for Democrats to have a coherent narrative on the economy when they’re facing the inflation that they’re facing and the threat of a recession. And you can see it in the way they talk about it, we understand that prices are high, we’re not — so — but you can’t then say, well, but I’ve created 10 million jobs, and, really, your wages are close to keeping pace with inflation. Nobody’s going to buy that. But it’s also true that that leaves them without being able to run on the economy, whether it’s fair or not, because largely inflation is outside the president’s control and his party’s control, though he may have some pieces to blame on some of the spending that he did.”
Follow Ian Hanchett on Twitter @IanHanchett
Biden: ‘A Lot of What We’ve Done’ on Economy ‘Has Not Kicked in Yet’ — ‘I’m Not Sure about’ Polls Showing Voters Favor GOP on Economy
During an interview with MSNBC on Friday, President Joe Biden responded to polling data showing people trust Republicans on the economy by stating he’s not sure how accurate polls are and “a lot of what we’ve done and we’ve passed has not kicked in yet.”
Host Jonathan Capehart asked, “[H]ere’s a problem, I think, for you and Democrats, despite all the good economic news, low unemployment, record job creation, wage increases, Social Security cost of living adjustment to 8.7%, the highest in 40 years. And yet, poll after poll shows that the American people trust Republicans on the economy and think that Republicans should control Congress. How do you break through that?”
Biden answered, “I’m not sure about the polls. Because the way people conduct polls today, it’s hard. 90% of it is you get on the telephone where you have to call seven times to get somebody to answer the phone, number one. Number two, a lot of what we’ve done and we’ve passed has not kicked in yet. For example, we have all this money to rebuild the highways, bridges, Internet, etc., but it’s going to take time. It’s not all happening overnight. It’s not like we passed a law and all of a sudden the highways and bridges are all functioning. And it’s not like we’re in a position where we’re saying no senior — which we do — is going to have to pay more than $2,000 a year for their drug costs…it hasn’t kicked in yet. It doesn’t kick in until next year.”
Follow Ian Hanchett on Twitter @IanHanchett
Dem Rep. Lawrence: Inflation Is ‘the Sole Issue’ Republicans Can Talk about — We’ve Done Things ‘to Keep the Housing Market Open’
On Saturday’s broadcast of MSNBC’s “Velshi,” Rep. Brenda Lawrence (D-MI) stated that inflation is “important” but it’s “interesting, with everything else that’s going on in the world, that is the sole issue that the Republicans” can talk about.
Lawrence stated that there are “other countries that are going through a global epidemic when it comes to our economy. And we have done so many things in this administration to create jobs, to keep the housing market open, which we know jobs in manufacturing and housing are some of those key things that stimulate our economy. This is a very uncomfortable time right now for anyone because when you — everyone needs to go get gas and we’re constantly reminded that inflation is happening. And we in Michigan have a very clear history of how, when the economy doesn’t work, when manufacturing stops how we lose jobs. We went through the housing crisis, one of the worst. And so, it is important to us. But isn’t it interesting, with everything else that’s going on in the world, that is the sole issue that the Republicans can rest on? And as we fight for democracy, bringing back voting rights, making it safe and accessible, when we talk about rights for women to choose, when we talk about education and the crisis that student debt is putting on our economy, lawsuits are filed. But that’s their single issue, and you can say what you want about a Republican, but they get — they know how to market their agenda.”
Follow Ian Hanchett on Twitter @IanHanchett
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